MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-MH-19-0058886
Tech Sutre Industries Limited
Tech Sutre Industries Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹38.88 Cr
▼ 29% YoY
Net loss · FY 2024
₹5.08 Cr
Net margin -13.1%
EBITDA · FY 2024
-₹1.99 Cr
EBITDA margin -5.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹7.95 Cr
Issued & subscribed
Open charges
₹29.39 Cr
Satisfied ₹28.93 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
46
Provident fund records
About Tech Sutre Industries Limited
Data last updated:
Tech Sutre Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U13200MH2003PLC141188. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.95 Cr. It was formerly known as Sunline Exports Limited and Sunline Exports Private Limited. It is led by directors including Kishor Laxman Pawar and Vinay Patil Rohidas.
Its last annual general meeting (AGM) was held on 31 March 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6th Floor A Block Shivsagarstate Dr Annie Besant Rd Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2024, the company reported a revenue of ₹38.88 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹5.08 Cr (net margin -13.1%) and EBITDA of -₹1.99 Cr (EBITDA margin -5.1%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 7% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹29.39 Cr and satisfied charges of ₹28.93 Cr on record. Court records list 11 cases involving the company, including 1 filed by the company and 10 filed against it; 8 cases are pending.
Tech Sutre Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0058886). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U13200MH2003PLC141188
Registration Number 141188
Incorporation Date 07 July 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0058886
Name history
Tech Sutre Industries has undergone 2 name changes throughout its history. The company was previously known as Sunline Exports Limited, and Sunline Exports Private Limited. The current legal name is Tech Sutre Industries Limited.
| Company Name | Status |
|---|---|
| Tech Sutre Industries Limited | Current |
| Sunline Exports Limited | Previous |
| Sunline Exports Private Limited | Previous |
CIN history
Tech Sutre Industries has one previous CIN (Corporate Identification Number): U51909MH2003PLC141188. The current CIN is U13200MH2003PLC141188, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U13200MH2003PLC141188 | Current |
| U51909MH2003PLC141188 | Previous |
Recognitions & Rankings of Tech Sutre Industries
Contact details
Tech Sutre Industries Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6th Floor A Block Shivsagarstate Dr Annie Besant Rd Worli, Mumbai, Maharashtra, India – 400018
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Tech Sutre Industries Limited, buy the company report.
Comprehensive company report
Tech Sutre Industries Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Tech Sutre Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Tech Sutre Industries Limited, buy the company report.
Financials of Tech Sutre Industries Limited
FY 2024 filings availableTech Sutre Industries Limited reported revenue of ₹38.88 Cr (down 29% YoY) for FY 2024.
Revenue · FY 2024
₹38.88 Cr ▼ 29%
Net loss · FY 2024
₹5.08 Cr margin -13.1%
EBITDA · FY 2024
-₹1.99 Cr margin -5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 33%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 33%
5 years · compounded
▼ 21%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 29% fall in the latest year. EBITDA rose 8% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.08 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.1% | ||||
| Net Profit Margin | -13.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Tech Sutre Industries Limited, buy the company report.
Board of directors of Tech Sutre Industries Limited
Tech Sutre Industries has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishor Laxman Pawar Also directs: Samruddha International Limited, Sajni Fabrics Private Limited, Ruchi Cottons Private Limited and 2 more | Director | 07 Jun 2022 | 4 Years 5 Months | Current |
| Vinay Patil Rohidas Also directs: Tara and Janaki Developers LLP, Tara and Janaki Mahim Realty LLP, Samruddha Minechem Private Limited and 5 more | Director | 05 Jan 2005 | 21 Years 10 Months | Current |
| Anurag Bahadur Also directs: RVK Infrastructers Private Limited, Dhule Textile Park Private Limited, Tara Spaces Private Limited and 4 more | Director | 26 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Tech Sutre Industries Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navya Fashions Private Limited | ₹38.97 Cr (FY 2022) | -5.0% | Hamirgarh, Rajasthan, India | |||
| Maya Fashions Private Limited | ₹38.97 Cr (FY 2025) | -3.0% | Surat, Gujarat, India | |||
| Siddhi Vinayak Dyeing and Printing Mills Private Limited | ₹38.96 Cr (FY 2024) | 111.0% | Surat, Gujarat, India | |||
| Sakun Textiles Industries Private Limited | ₹38.94 Cr (FY 2023) | 36.0% | Mumbai, Maharashtra, India | |||
| Tech Sutre Industries Limitedthis company | ₹38.88 Cr (FY 2024) | -₹5.08 Cr | -13.1% | -29.0% | 46 | Mumbai, Maharashtra, India |
| K K P Hi Tech Weaving India Private Limited | ₹38.88 Cr (FY 2025) | -49.0% | Namakkal, Tamil Nadu, India | |||
| Symbolic Fabrics Private Limited | ₹38.84 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Makkar Textile Mills Private Limited | ₹38.83 Cr (FY 2025) | 8.0% | Ludhiana, Punjab, India | |||
| Angadpal Industries Private Limited | ₹38.82 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Jagruti Synthetics Private Limited | ₹38.81 Cr (FY 2025) | -30.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Tech Sutre Industries Limited, buy the company report.
Auditor
Tech Sutre Industries Limited is audited by M.B. Agrawal & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.B. Agrawal & Co. | FY 2022 | 100137W |
Shareholding
The shareholding of Tech Sutre Industries Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tech Sutre Industries Limited, buy the company report.
Charges & borrowings
Open charges
₹29.39 Cr
Satisfied charges
₹28.93 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2021 | 100450927 | State Bank of India | ₹15 Cr | Open | |
| 27 Mar 2017 | 100087844 | Canara Bank | ₹14.39 Cr | Open | |
| 30 Mar 2017 | 100097980 | Others | ₹12 Lakh | Satisfied | |
| 31 Jul 2014 | 10523497 | Mahindra and Mahindra Financial Services Limited | ₹5.75 Lakh | Satisfied | |
| 26 Mar 2012 | 10347818 | State Bank of India | ₹9.5 Cr | Satisfied |
To see the full charge records of Tech Sutre Industries Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Tech Sutre Industries Limited has 11 court cases on record: 1 filed by Tech Sutre Industries, 10 filed against it. 8 cases are pending and 3 are disposed.
Total cases
11
Filed by the company
1
Filed against the company
10
Pending
8
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 8 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by M/S. Alpenol Starch Through Vinod R Kothari | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by M/S. RM Food Additives Through Vinod R Kothari | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by M/S. Alpenol Starch Through Vinod R Kothari | Pending |
| District court, Kolhapur, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Anax Industries Ltd Through Mr. Illahi Rajjap Mulani | Pending |
To see the full case history of Tech Sutre Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Tech Sutre Industries Limited was last rated by Crisil on 18 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 18 Dec 2020 |
To see the full credit ratings and regulatory alerts of Tech Sutre Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tech Sutre Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tech Sutre Industries Limited has a workforce of 46 employees on its EPFO records as of Apr 2024, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 46 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Tech Sutre Industries Limited, buy the company report.
GST
Tech Sutre Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Tech Sutre Industries Limited, buy the company report.
Recent activity
Tech Sutre Industries Limited has 13 board changes on record since 2005: 4 appointments and 9 cessations. The latest: Kishor Laxman Pawar ceased to be Additional Director on 28 Sep 2022.
AGM
Tech Sutre Industries Limited last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Charges
A charge registered on 30 Mar 2017 via Charge ID 100097980 with Others was fully satisfied on 28 Mar 2025.
Charges
A charge registered on 26 Mar 2012 via Charge ID 10347818 with State Bank Of India was fully satisfied on 19 Mar 2025.
Filing
Tech Sutre Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Ceased
Kishor Laxman Pawar ceased to be Additional Director.
Ceased
Shekhar Atmaram Gaonkar ceased to be Additional Director.
Ceased
Ashish Bahadur ceased to be Director.
Appointed
Kishor Laxman Pawar was appointed as Director.
Charges
A charge with Canara Bank of Rs. 14.39 Cr registered on 27 Mar 2017 with Charge ID 100087844 was modified on 24 Mar 2022.
Charges
A charge with State Bank Of India amounted to Rs. 15.00 Cr with Charge ID 100450927 was registered on 19 May 2021.
Charges
A charge with State Bank Of India of Rs. 9.50 Cr registered on 26 Mar 2012 with Charge ID 10347818 was modified on 03 Feb 2021.
Ceased
Anurag Bahadur ceased to be Additional Director.
22 earlier events are in the company report.
Frequently asked questions
Tech Sutre Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 July 2003 (23+ years old) and is registered under CIN U13200MH2003PLC141188.
Tech Sutre Industries has 3 current directors:
- Kishor Laxman Pawar - Director
- Vinay Patil Rohidas - Director
- Anurag Bahadur - Director
The latest financial statements of Tech Sutre Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.
No. Tech Sutre Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Tech Sutre Industries is U13200MH2003PLC141188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tech Sutre Industries has 11 court cases on record: 1 filed by the company and 10 filed against it. 8 are pending. Most are in the district courts.
Tech Sutre Industries was incorporated on 07 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tech Sutre Industries by revenue are Navya Fashions Private Limited, Maya Fashions Private Limited, Siddhi Vinayak Dyeing and Printing Mills Private Limited, Sakun Textiles Industries Private Limited, K K P Hi Tech Weaving India Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kishor Laxman Pawar ceased to be Additional Director on 28 Sep 2022. Shekhar Atmaram Gaonkar ceased to be Additional Director on 09 Sep 2022. Ashish Bahadur ceased to be Director on 07 Jun 2022. Tech Sutre Industries has 13 board changes on record in total.
Yes, Tech Sutre Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0058886).
The registered office of Tech Sutre Industries is at 6th Floor A Block Shivsagarstate Dr Annie Besant Rd Worli, Mumbai, Maharashtra, India – 400018.
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